The Cove Plaza

Retail-Commercial for Lease
Catylist Listing ID: 30588675
Property Subtypes: Mixed Use, Restaurant, Street Retail, Other
Building Status: Proposed
Contiguous Space: 8,500 SF
Building Size (RSF): 8,500 SF
Gross Building Area: See Agent
Gross Land Area: 1.20 Acres
Lease Rate: $1 (Annual)
$0 PSF (Annual)
Base Monthly Rent: $0.08
Lease Types: Ground Lease
Usable Size (USF): 8,500 SF
Last Updated: 1/21/2022

Overview / Comments

For Sale 1.2 acres on US 301
1.2 acre parcel that is a Pad-Ready site for single tenant or multiple tenant use
Local Landmarks and highlights:
Anchored by Extended Stay America 175 room hotel
Across from busiest Detweiler’s Farm Market, with 19,000 customers per week
Across from FELD Entertainment – 3,000 employees per day
Across from Sanctuary Cove – Palmettos newest exclusive 211 acre, waterfront and gated community
HWY 301 Frontage with over 40,000 cars per day
Can also be ground leased or build-to-suit
1.4 acre parcel that is a Pad-Ready site
Anchored by Extended Stay America
Across from buzzing FELD Entertainment and Sanctuary Cove
Site boasts over 40,000 ADT passersby
1.2 acre parcel is available for sale, ground lease or built-to-suit

Attachments & Media

Expand All Available Space

Suite: 1550 S Hwy 301, Palmetto 8,500 SF $1 (Annual) Ground Lease
Space Available: 8,500 SF
Lease Rate: $1 (Annual)
$0 PSF (Annual)
$0.08 (Monthly)
Lease Type: Ground Lease
Space Description: .2 acres that has frontage on US HWY 301. The 1.2 acre parcel will be developed with 8,500 SF of Retail/Restaurant space for lease. This parcel is a part of a 7.5 acre master development project on busy HWY 301 in North Palmetto and is adjacent to Detwilers Farm Market's largest site at 50,000 SF. This project already includes a 174 room Extended Stay America and is across from Sanctuary Cove, a 211 acre residential development along Manatee River with plans for 266 single-family homes and up to 1,100 condo/town-home units.
Date Available: 1/1/2022
Space Type: New

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 2582900003
Area Description: This 7.5 acre master development project on busy HWY 301 in North Palmetto is adjacent to Detwilers Farm Market's largest site, at 50,000 sf. The project is anchored by a 174 room Extended Stay America and is across from Sanctuary Cove, a 211 acre residential development along Manatee River with plans for 266 single-family homes and up to 1100 condo/town-home units. The subject property is a 1.2 acre parcel with off-site retention, fully buildable with direct frontage on US HWY 301. This 1.2 acre parcel is available for purchase or ground lease.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,483 64,238 172,908
Median Age: 35.55 39.61 43.89
Households: 2,533 24,572 72,076

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